Delivery Hero Orders $110M Pre-IPO Financing

June 09, 2015

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Food ordering and delivery platform Delivery Hero has raised $110 million in funding that values the company at $3.1 billion. The investment comes just four months after the company raised €496 million from investors including Rocket Internet at a reported valuation of €1.65 billion. Delivery Hero's new funding will be used for selective acquisitions and continued product development. Backed by VC firms including Insight Venture Partners, Tengelmann Ventures and Kite Ventures, Delivery Hero is currently available in 34 countries and has amassed a partner restaurant network of more than 200,000.